Obama, appearing in Cannon Falls, Minnesota, on Monday, tried to reclaim the derogatory term “Obamacare”– a term conservatives use to describe his health care reform law. “I have no problem with folks saying ‘Obama cares,'” he said. “I do care.”Nice try, Colbert said. “Folks, you can see the game he’s playing here. He broke up the word ‘Obamacare’ into ‘Obama’ and ‘care.’ That’s not where that word came from. The etymology of ‘Obamacare’ is actually ‘O Bam A Car E!'”

“See this indicates the program is like a Buick that hits you at a crosswalk and then drags you to see a government doctor who replaces your lung with a muffler,” Colbert added.